2024 PGK to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PGK to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PGK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 131.3936. Conversely, the yearly low was recorded on May 16, dropping to 113.1337.
This high-to-low spread represents a total annual volatility of 18.2599 KZT. From a start-to-finish perspective, comparing the January average rate of 120.9921 to the December average rate of 128.8779, the exchange rate registered a net change of 6.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 131.3936 was down 0.57% compared to the 2023 peak of 132.1423, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PGK to KZT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 117.8270, compared to 123.3236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4966 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 8.0746 KZT (High: 122.7784 / Low: 114.7038). On the other end, May was the most stable month, with a tight range of 1.8934 KZT (High: 115.0270 / Low: 113.1337).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.7109 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 128.8779) against the same month in 2023 (average: 122.7473), the exchange rate shifted by +6.1305 (+4.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 122.5935 | 119.2833 | 120.9921 |
| February | 121.6872 | 117.8184 | 119.4751 |
| March | 121.2088 | 116.8280 | 118.2773 |
| April | 118.5288 | 114.6970 | 116.7450 |
| May | 115.0270 | 113.1337 | 114.0341 |
| June | 122.7784 | 114.7038 | 117.4383 |
| July | 124.2875 | 120.7427 | 121.8960 |
| August | 126.5787 | 120.5355 | 121.8993 |
| September | 122.8214 | 120.3978 | 121.3199 |
| October | 126.1954 | 120.3178 | 122.4497 |
| November | 128.2482 | 121.8958 | 123.4987 |
| December | 131.3936 | 125.7760 | 128.8779 |